Directorate General of Foreign Trade Current Affairs, GK & News
India recently banned the import of refrigerants and air-conditioners completely tightening norms on “non-essential” imports. This has been done to reduce imports from China and tighten local manufacturing. This says that an importer cannot fill in the refrigerant outside India. Thus, he will have to create assembly units using the local work force. This will ..
The government has relaxed the norms for export of face shields, certain kind of surgical masks and medical goggles which are mainly in demand due to the spread of the COVID 19 disease all around the world. The shipments of Personal Protection Equipment (PPE) with an export quota of 50 lakh units per month have ..
Month: Current Affairs - July, 2020
Category: India Nation & States Current Affairs
The Appointments Committee of Cabinet (ACC) has approved the extension of Senior bureaucrat Alok Vardhan Chaturvedi by over 3 months, in central deputation as Director General (DG), Directorate General of Foreign Trade (DGFT). Key Highlights A. V. Chaturvedi is a 1986 batch IAS officer of Bihar cadre. He was given extension beyond 18 June 2019 ..
Month: Current Affairs - June, 2019
Category: Awards, Persons & Places in News
Directorate General of Foreign Trade (DGFT) under Ministry of Commerce and Industry has put imports of gold dore in restricted category. This means, now, importer needs a license to import this commodity. Gold dore It is semi-pure alloy of gold and silver which is refined for further purification. Proportions of silver and gold can vary ..
Directorate General of Foreign Trade (DGFT) under Ministry of Commerce and Industry has banned import of petcoke for use as fuel. But it has allowed its import of only for use as feedstock in some select industries such as cement, lime kiln, calcium carbide and gasification industries. These industries were earlier affected by petcoke-related policy flip-flops, which ..